Fintel reports that on October 6, 2023, Barclays maintained coverage of Dun & Bradstreet Holdings (NYSE:DNB) with a Equal-Weight recommendation.
Analyst Price Forecast Suggests 56.12% Upside
As of October 5, 2023, the average one-year price target for Dun & Bradstreet Holdings is 15.22. The forecasts range from a low of 11.11 to a high of $18.90. The average price target represents an increase of 56.12% from its latest reported closing price of 9.75.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Dun & Bradstreet Holdings is 2,310MM, an increase of 2.83%. The projected annual non-GAAP EPS is 1.15.
Dun & Bradstreet Holdings Declares $0.05 Dividend
On July 26, 2023 the company declared a regular quarterly dividend of $0.05 per share ($0.20 annualized). Shareholders of record as of September 7, 2023 received the payment on September 21, 2023. Previously, the company paid $0.05 per share.
At the current share price of $9.75 / share, the stock's dividend yield is 2.05%.
Looking back five years and taking a sample every week, the average dividend yield has been 1.53%, the lowest has been 1.03%, and the highest has been 2.00%. The standard deviation of yields is 0.27 (n=75).
The current dividend yield is 1.96 standard deviations above the historical average.
Additionally, the company's dividend payout ratio is -3.94. The payout ratio tells us how much of a company's income is paid out in dividends. A payout ratio of one (1.0) means 100% of the company's income is paid in a dividend. A payout ratio greater than one means the company is dipping into savings in order to maintain its dividend - not a healthy situation. Companies with few growth prospects are expected to pay out most of their income in dividends, which typically means a payout ratio between 0.5 and 1.0. Companies with good growth prospects are expected to retain some earnings in order to invest in those growth prospects, which translates to a payout ratio of zero to 0.5.
What is the Fund Sentiment?
There are 585 funds or institutions reporting positions in Dun & Bradstreet Holdings. This is a decrease of 41 owner(s) or 6.55% in the last quarter. Average portfolio weight of all funds dedicated to DNB is 0.44%, an increase of 7.57%. Total shares owned by institutions increased in the last three months by 0.28% to 444,411K shares. 
The put/call ratio of DNB is 0.18, indicating a bullish outlook.
What are Other Shareholders Doing?
Cannae Holdings holds 79,049K shares representing 18.00% ownership of the company. No change in the last quarter.
Thomas H Lee Partners holds 49,580K shares representing 11.29% ownership of the company. No change in the last quarter.
Massachusetts Financial Services holds 27,518K shares representing 6.27% ownership of the company. In it's prior filing, the firm reported owning 18,469K shares, representing an increase of 32.88%. The firm increased its portfolio allocation in DNB by 41.42% over the last quarter.
StepStone Group holds 22,042K shares representing 5.02% ownership of the company. No change in the last quarter.
Allspring Global Investments Holdings holds 13,861K shares representing 3.16% ownership of the company. In it's prior filing, the firm reported owning 14,114K shares, representing a decrease of 1.82%. The firm decreased its portfolio allocation in DNB by 2.83% over the last quarter.
Dun & Bradstreet Holdings Background Information
(This description is provided by the company.)
Dun & Bradstreet, a leading global provider of business decisioning data and analytics, enables companies around the world to improve their business performance. Dun & Bradstreet's Data Cloud fuels solutions and delivers insights that empower customers to accelerate revenue, lower cost, mitigate risk, and transform their businesses. Since 1841, companies of every size have relied on Dun & Bradstreet to help them manage risk and reveal opportunity.
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This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
